"Yup, majority is from EU which i believe where they've focused most of their workforce due to Tier 1 connectivity to the card schemes that will give them much better margins. I think AU will eventually follow suit once more Tier 1 comes along since now we've got Visa onboard. Also, once ADI approval comes, EMA AU will contribute as well.
Also, do take note that one of the biggest market for ISX isn't CFD or binary traders. It's the FX market. And if you didn't know, the FX market trades around $5.1trillion A DAY"
You are misinformed my friend - they service FX speculating platforms - THESE ARE SYNTHETICS - that are basically CFD's/Binaries etc. This is not the institutional market you reference. That's like referencing equity market turnover for CFDs
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can someone please explain why????, page-29
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